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Listed by:

Sun Acquisitions

50% Net Profit Margin Franchise Fitness Center In Illinois For Sale

Illinois
Asking Price:
$888,500 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$789,083 (USD)
Cash Flow:
$396,588 (USD)

This kickboxing fitness center, which has been SBA pre-qualified, is nationally recognized as one of the most successful (and fastest growing) franchisees in the country. As a result, it often receives “first-dibs” at new technology & marketing efforts tested by the franchisor. The studio sells memberships that provides access to group fitness classes, in-studio events, DJ nights, and transformation challenges. Due to the strong culture and fun atmosphere, the studio has a high retention rate and many of its new members are referrals from current members. The studio receives strong marketing and business support from the franchisor (on a needed basis). The efficient business model, low overhead and expenses, and small working capital requirements has resulted in nearly 50% net profit margins. The current owner expects growth to continue in the coming years with a newly implemented POS system and fitness technology. The studio has a 5-year lease with 3 additional 5-year lease extensions (on favorable terms) with a friendly landlord. There is an experienced staff in place.

Property information

Size in square feet:
3,500

Business Operation

Reasons for selling:

Other business interests

Employees:
8
Years established:
4

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

The owner is willing to train/assist the new owner

Financing available:

Up to 10%, terms to be negotiated.

Relocatable:
This business can be relocated.

Contact Information

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